<ARTICLE> 5 <RESTATED> <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS 12-MOS 12-MOS <FISCAL-YEAR-END> JUN-30-1996 JUN-30-1997 JUN-30-1998 <PERIOD-START> JUL-01-1995 JUL-01-1996 JUL-01-1997 <PERIOD-END> JUN-30-1996 JUN-30-1997 JUN-30-1998 <CASH> 0 5,047 13,771 <SECURITIES> 0 0 0 <RECEIVABLES> 0 2,476 2,612 <ALLOWANCES> 0 365 420 <INVENTORY> 0 0 0 <CURRENT-ASSETS> 0 185,792 351,172 <PP&E> 0 11,954 21,411 <DEPRECIATION> 0 4,331 7,453 <TOTAL-ASSETS> 0 200,435 376,009 <CURRENT-LIABILITIES> 0 185,751 347,849 <BONDS> 0 0 0 <PREFERRED-MANDATORY> 0 0 0 <PREFERRED> 0 3 0 <COMMON> 0 2 17 <OTHER-SE> 0 3,864 26,729 <TOTAL-LIABILITY-AND-EQUITY> 0 200,435 376,009 <SALES> 0 0 0 <TOTAL-REVENUES> 13,863 27,374 46,317 <CGS> 0 0 0 <TOTAL-COSTS> 6,435 13,659 23,859 <OTHER-EXPENSES> 9,410 18,829 29,170 <LOSS-PROVISION> 0 0 0 <INTEREST-EXPENSE> 473 1,190 557 <INCOME-PRETAX> (2,386) (6,245) (6,517) <INCOME-TAX> 0 0 0 <INCOME-CONTINUING> (2,386) (6,245) (6,517) <DISCONTINUED> 0 0 0 <EXTRAORDINARY> 0 0 0 <CHANGES> 0 0 0 <NET-INCOME> (2,386) (6,245) (6,517) <EPS-PRIMARY> (4.91) (0.59) (.41) <EPS-DILUTED> (4.91) (0.59) (.41)